Recent advances in Floquet engineering have demonstrated the potential to manipulate electronic band structures using light fields. However, in strongly correlated systems, fundamental questions about the formation and stability of Floquet-Bloch (FB) states remain unresolved. In this work, we investigate the impact of electron-electron interactions, perturbations in coherent driving, and the lifetime of FB states by computing time-resolved single-particle spectral functions. Using exact diagonalization (ED) and matrix product states (MPS), we model a 1D chain of interacting spinless fermions, which forms a correlated charge density wave insulator under strong interactions. Our results show that high-frequency driving leads to the stable formation of FB replicas of the full holon continuum, accompanied by in-gap modes related to mobile domain walls and coherent propagating excitations-reminiscent of quantum "wake" phenomena seen in oscillating magnetic states in neutron scattering experiments, persisting across all time scales treated in this study. Conversely, in the low-frequency regime, heating dominates, resulting in suppressed excitation propagation and a significant loss of quantum coherence. Additionally, we show that perturbations, such as noise in the driving frequency, vanishes the FB states over time, further underscoring the delicate interplay between coherence and stability in Floquet systems.